Retail Property (High Street)
The property comprises two detached former retail units which are both capable of separate occupation. The main property fronting onto the A511 is a two storey brick built detached retail unit with a pitched tiled roof. The first floor is capable of conversion to residential accommodation by improvement works. The property fronting onto 2 Hartshorne Road is a single storey brick built retail unit which is self-contained and capable of separate occupation.
The property occupies a prominent position fronting onto the A514 and A511 main arterial routes. The property is situated approximately 1 mile from the town centre at Swadlincote and 6 miles from Burton on Trent. It is located in close proximity to Kwik Fit, Asda Petrol Station and Tesco Express.
Retail Sales - 99.59 sq.m (1,072 sq.ft)
First Floor Storage/Residential - 79.98 sq.m (861 sq.ft)
Retail Sales - 42.41 sq.m (456.5 sq.ft)
Freehold.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
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